Python for Finance

Chapter 1
7. Click Run, then Run module. If no error occurs, we can use the function just
like other embedded functions, as shown here:
Variable assignment, empty space, and
writing our own programs
First, for Python language, an empty space or spaces is very important. For
example, if we accidently have a space before typing pv=100, we will see the
following error message:
The name of the error is called IndentationError. The reason is that, for Python,
indentation is important. Later in the chapter, we will learn that a proper indentation
will regulate/define how we write a function or why a group of codes belongs to a
specific topic, function, or loop.
Assume that we deposit $100 in the bank today. What will be the value 3 years later
if the bank offers us an annual deposit rate of 1.5%? The related codes is shown here:
>>>pv=100
>>>pv
100
>>>pv*(1+0.015)**3
104.56783749999997
>>>
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